Raymond James Financial Inc. Acquires New Holdings in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH)

Raymond James Financial Inc. bought a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,493 shares of the company’s stock, valued at approximately $700,000. Raymond James Financial Inc. owned approximately 0.59% of Invesco Dorsey Wright Healthcare Momentum ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Global Retirement Partners LLC lifted its position in Invesco Dorsey Wright Healthcare Momentum ETF by 366.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,287 shares of the company’s stock valued at $52,000 after acquiring an additional 1,011 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 105.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,200 shares of the company’s stock valued at $48,000 after purchasing an additional 615 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 19.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 20,919 shares of the company’s stock worth $838,000 after buying an additional 3,439 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of Invesco Dorsey Wright Healthcare Momentum ETF during the fourth quarter worth about $220,000.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Healthcare Momentum ETF stock opened at $37.58 on Wednesday. Invesco Dorsey Wright Healthcare Momentum ETF has a 52-week low of $33.56 and a 52-week high of $48.63. The business’s 50 day simple moving average is $38.62 and its 200 day simple moving average is $41.66. The firm has a market cap of $101.84 million, a PE ratio of 31.13 and a beta of 0.85.

Invesco Dorsey Wright Healthcare Momentum ETF Company Profile

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.